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The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?
Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,
The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?
Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,
Top News
HRD Discovers Hard-To-Detect Synthetic Rough
Antwerp: Producers are now able to create synthetic rough diamonds in shapes identical to natural rough diamonds, HRD Antwerp reported on Friday. Until now, synthetic rough diamonds could be identified by their shape, either cubo-octahedral if produced using the high-pressure high-temperature (HPHT) technique or a plate structure if produced using chemical vapor deposition (CVD). HRD lab says synthetic rough diamonds
ABN Amro Sponsors Jewelry Industry Summit
New York: ABN Amro Bank signed on to sponsor the upcoming Jewelry Industry Summit, which is scheduled for March 10 to 13, 2016 in New York City. The event’s first corporate sponsor was the JA New York Show. The Jewelry Industry Summit is designed as an interactive workshop meant to drive discussions on sustainability and responsible sourcing. Event organizers anticipate
IDW Unites Four Centres on One Floor
Ramat Gan: During the first week of upcoming September, the trading floor of the Israel Diamond Exchange (IDE) will witness a unique phenomenon: members of diamond bourses from the world’s four leading diamond centers – Antwerp, Mumbai, New York and Ramat Gan – will be trading together during the Summer Edition of the International Diamond Week in Israel (IDWI). “Luckily,
Gem-Lab GEMACYT Becomes HRD Antwerp Partner
Antwerp: Madrid-based GEMACYT Gemmological Laboratory has been appointed an HRD Antwerp Partner after more than 20 years of cooperation. GEMACYT, which acts as an official sales agent for HRD Antwerp’s gemology courses and equipment and functioned as a drop-off point for diamonds and diamond jewelry to be certified by HRD Antwerp, has been accredited in jewelry certification by HRD Antwerp.
HRD Discovers Hard-To-Detect Synthetic Rough
Antwerp: Producers are now able to create synthetic rough diamonds in shapes identical to natural rough diamonds, HRD Antwerp reported on Friday. Until now, synthetic rough diamonds could be identified by their shape, either cubo-octahedral if produced using the high-pressure high-temperature (HPHT) technique or a plate structure if produced using chemical vapor deposition (CVD). HRD lab says synthetic rough diamonds
ABN Amro Sponsors Jewelry Industry Summit
New York: ABN Amro Bank signed on to sponsor the upcoming Jewelry Industry Summit, which is scheduled for March 10 to 13, 2016 in New York City. The event’s first corporate sponsor was the JA New York Show. The Jewelry Industry Summit is designed as an interactive workshop meant to drive discussions on sustainability and responsible sourcing. Event organizers anticipate
IDW Unites Four Centres on One Floor
Ramat Gan: During the first week of upcoming September, the trading floor of the Israel Diamond Exchange (IDE) will witness a unique phenomenon: members of diamond bourses from the world’s four leading diamond centers – Antwerp, Mumbai, New York and Ramat Gan – will be trading together during the Summer Edition of the International Diamond Week in Israel (IDWI). “Luckily,
Gem-Lab GEMACYT Becomes HRD Antwerp Partner
Antwerp: Madrid-based GEMACYT Gemmological Laboratory has been appointed an HRD Antwerp Partner after more than 20 years of cooperation. GEMACYT, which acts as an official sales agent for HRD Antwerp’s gemology courses and equipment and functioned as a drop-off point for diamonds and diamond jewelry to be certified by HRD Antwerp, has been accredited in jewelry certification by HRD Antwerp.
